Following the current Japan crisis with the multiple disasters of earthquakes, tsunami and nuclear disasters, it becomes clear that new policy solutions need to be found that enable larger risk pooling, covering of new risks and much larger risks, especially natural disasters or man-made...

Faced with the need to adjust public pension systems to meet changing demographic, economic and social conditions, most developed countries have created government reserve funds to ensure macroeconomic sustainability. This paper aims to study the importance that this reserve fund plays in the...

This chapter reviews the theoretical and empirical issues dealing with Social Security pensions. The first part of the chapter discusses pure pay-as-you-go plans. It considers the effects of introducing such a plan on the present value of consumption, the optimal level of benefits in such plans,...

This paper is devoted to identifying the features and finding solutions to the problems of the formation and improvement of the non-state pension provision of Ukraine in the system of strengthening social security and preventing the degradation of the social structure. It presents the results of...